1831 50C AU53 NGC. O-120, R.6....

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Sold on Jan 6, 2011 for:

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Attractive 1831 O-120 Half Dollar, AU53

1831 50C AU53 NGC. O-120, R.6. A prominent die bulge in the left obverse field is diagnostic for this variety, and certainly explains why so few were struck. With about 20 pieces known today, and a standard survival rate of about 10% or perhaps less, the obverse die only lasted for production of a couple hundred pieces. The finest known example is a prooflike MS63 coin, and this piece appears to be next. It is far finer than the Overton plate coin, or any other example that we have seen. Only one other AU example, the Charlton Meyer specimen, is recorded in Stephen Herrman's auction listing. Therefore, we will rate this piece as either second or third finest known.
Traces of prooflike surfaces are still visible with medium gray surfaces and splashes of pale blue toning. A few minor scratches and other surface marks are visible on each side. This is an attractive piece overall, representing a rare and desirable variety.
From The Allgood Collection.(Registry values: N491)

Coin Index Numbers: (NGC ID# 24FV, PCGS# 6159, Greysheet# 6198)

Weight: 13.48 grams

Metal: 89.24% Silver, 10.76% Copper

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